CO2 Management > CCUS > California’s ARB reiterates greater cap-and-trade ambition, says formal rulemaking could begin this year

California’s ARB reiterates greater cap-and-trade ambition, says formal rulemaking could begin this year

Published 23:24 on June 14, 2023 / Last updated at 15:31 on June 15, 2023 / / Americas (Compliance Markets & Taxes, US & Canada), CO2 Management (CCUS)

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California regulator ARB discussed potential scenarios of raising the Allowance Price Containment Reserve (APCR) tiers and ceiling prices in addition to modelling increased stringency of the cap-and-trade programme at a webinar on Wednesday, adding that formal rulemaking could begin as early as this year.
California regulator ARB discussed potential scenarios of raising the Allowance Price Containment Reserve (APCR) tiers and ceiling prices in addition to modelling increased stringency of the cap-and-trade programme at a webinar on Wednesday, adding that formal rulemaking could begin as early as this year.


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